Entrepreneur
Name
Caroline
Member since
July 2015
On-time repayments
182 installments • 75%
About Me
Hi my name is Carol. I'm the first born in a family of five. I have to brother's. I love working with fabric. I feel good when I make something beautiful from some piece of fabric.
Its a blessing to be able to pursue that which I love to do. Business isnt easy but doing something I love makes it easier to push on. something I've learned is that aside from. money one really need to have a deep passion for what they pursue. That way even when things get tough one is able to stick it through the tough times.
My Business
I mainly specialize in female African clothing. I love making African maxi skirts. I recently purchased a new electric machine that does more stitches. This is so helpful as I can now do a neat finish on the clothes. I was using a machine with limited stiches and that made it difficult to create a neat finish. This new machine is a step in the right direction. I would like to purchase some more African fabric so that I can make some more African skirts and dresses. I have a love for African designs and I look forward to building my brand. it's been a journey and I believe with every experience I learn and grow.
Loan Proposal
I will use the money to buy a bail of trench coats. A bail goes for $150. I will add some money and get a new bail. The rains are starting here in Kenya and I need to stock up.
I normally sell the clothes to my family friends and workmates. I happy when i add value to their lives. The trench coats will keep them warm during this rainy season and the income received will be reinvested back into the business.
A bail contains at least 45 pieces. I sell the trench coats from $6 to $8. The minimum expected revenue is estimated at $270.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Nov 18, 2015
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
Moscow, Russia
United States
United States
United States
United States
Summary
Amount repaid
$52.25
Amount remaining
$0.00
Date repaid
Aug 2, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 29, 2015 | $2.00 | Dec 1, 2015 | $2.00 |
| Dec 6, 2015 | $2.00 | Dec 1, 2015 | $2.00 |
| Dec 13, 2015 | $2.00 | Dec 1, 2015 | $2.00 |
| Dec 20, 2015 | $2.00 | Dec 1, 2015 | $2.00 |
| Dec 27, 2015 | $2.00 | Jan 3, 2016 | $2.00 |
| Jan 3, 2016 | $2.00 | Jan 3, 2016 | $2.00 |
| Jan 10, 2016 | $2.00 | Jan 15, 2016 | $2.00 |
| Jan 17, 2016 | $2.00 | Jan 15, 2016 | $2.00 |
| Jan 24, 2016 | $2.00 | Jan 15, 2016 | $2.00 |
| Jan 31, 2016 | $2.00 | Jan 15, 2016 | $2.00 |
| Feb 7, 2016 | $0.00 | ||
| Feb 14, 2016 | $0.00 | ||
| Feb 21, 2016 | $0.00 | ||
| Feb 28, 2016 | $1.00 | Feb 29, 2016 | $1.00 |
| Mar 6, 2016 | $1.00 | Mar 11, 2016 | $1.00 |
| Mar 13, 2016 | $1.00 | Mar 18, 2016 | $1.00 |
| Mar 20, 2016 | $1.00 | Apr 2, 2016 | $1.00 |
| Mar 27, 2016 | $1.00 | Apr 2, 2016 | $1.00 |
| Apr 3, 2016 | $1.00 | Apr 2, 2016 | $1.00 |
| Apr 10, 2016 | $1.00 | Apr 2, 2016 | $1.00 |
| Apr 17, 2016 | $1.00 | Apr 2, 2016 | $1.00 |
| Apr 24, 2016 | $1.00 | May 13, 2016 | $1.00 |
| May 1, 2016 | $1.00 | May 13, 2016 | $1.00 |
| May 8, 2016 | $1.00 | May 13, 2016 | $1.00 |
| May 15, 2016 | $1.00 | May 13, 2016 | $1.00 |
| May 22, 2016 | $1.00 | Jun 15, 2016 | $1.00 |
| May 29, 2016 | $1.00 | Jun 18, 2016 | $1.00 |
| Jun 5, 2016 | $1.00 | Jun 18, 2016 | $1.00 |
| Jun 12, 2016 | $1.00 | Jun 18, 2016 | $1.00 |
| Jun 19, 2016 | $1.00 | Jul 1, 2016 | $1.00 |
| Jun 26, 2016 | $1.00 | Jul 1, 2016 | $1.00 |
| Jul 3, 2016 | $1.00 | Jul 1, 2016 | $1.00 |
| Jul 10, 2016 | $1.00 | Jul 1, 2016 | $1.00 |
| Jul 17, 2016 | $1.00 | Jul 1, 2016 | $1.00 |
| Jul 24, 2016 | $1.00 | Jul 24, 2016 | $1.00 |
| Jul 31, 2016 | $1.00 | Jul 24, 2016 | $1.00 |
| Aug 7, 2016 | $1.00 | Jul 24, 2016 | $1.00 |
| Aug 14, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Aug 21, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Aug 28, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Sep 4, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Sep 11, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Sep 18, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Sep 25, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Oct 2, 2016 | $1.00 | Aug 2, 2016 | $1.00 |
| Oct 9, 2016 | $0.25 | Aug 2, 2016 | $0.25 |
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